45% of Leica’s Camera Division is up for Sale
By| August 3, 2017
According to a report from Reuters, Blackstone is in talks to sell a 45% stake in Leica’s camera division. Who might be looking to buy in, other than me? (I’m a few hundred million euro short) Zeiss, some private equity firms and a few Asia based companies.
Zeiss is potentially interested in Leica Camera, but would only agree to a deal if it was able to secure a majority stake, the sources said.
Potential buyers include other family investors, they said, adding that Asian optics groups and private equity funds had also shown interest.
Last year, Chinese investor CDH expressed interest in buying Blackstone’s stake in Leica, but no deal materialized, one of the people said.
China’s Huawei, founded by a former Chinese army engineer, has licensed Leica camera technology for use in some of its smartphones. Huawei is the world’s third largest smartphone maker. Read the full story
With the recent chatter about Leica and other companies like RED getting into smartphones, I could definitely see one of the smartphone hardware makers stepping up.